GOLD.AC NEWS
Gold prices today, Thursday, October 29, 2026: Gold prices hardly budge after Fed holds rates steady
In brief
Gold December futures opened at $4,081.40 per troy ounce on Thursday, October 29, 2026, up 0.7% from Wednesday’s close. The price of gold fell in early trading to $4,040.50 as of 7:04 a.m. ET.
GOLD.AC VIEW
Why it matters for gold
The report from Finance.Yahoo.Com focuses on “Gold prices today, Thursday, October 29, 2026: Gold prices hardly budge after Fed holds rates steady.” The signals are mixed, suggesting tension between the immediate reaction and the wider market trend. The cited reference figures — $4,081.40, 0.7%, $4,040.50 — provide concrete levels to compare with subsequent sessions. Rate expectations change real yields and the opportunity cost of holding gold, which produces no interest income. Confirmation would be similar follow-through in spot prices, futures positioning and trading volume. This is market context, not a price forecast or investment advice.
This is a short informational description. The full report and its context belong to the named publisher.
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